Dubai Financial Services Authority (DFSA), the financial regulator of Dubai International Financial Centre (DIFC), has unveiled a new report titled: “Cyber and Artificial Intelligence Risk in Financial Services: Strengthening Oversight Through International Dialogue.” The report primarily intends to explore three key interconnected areas: Artificial Intelligence (AI) emerging risks, cybersecurity threat landscape, and quantum computing.
The new report emerged as DFSA hosted its inaugural Cyber and AI Risk Regulatory College in May 2025, welcoming 18 financial regulatory authorities from around the world. “The purpose of the College was to foster regional and international cooperation on emerging cyber and AI risks – two fast-evolving areas at the intersection of technology and financial regulation”, read a part of the official report.
The report also insinuates that regulators are agreeing on how various risks in fintech overlap, and the rules and strategies to manage risks are adapting in response, according to Justin Baldacchino, Managing Director, Supervision at DFSA.
DFSA’s insightful report has unfolded at a time when cyberattacks are exponentially increasing from emerging technologies. Essentially, DFSA executives have introduced this report, pointing out cybersecurity risks, quantum computing threats, and AI in Finance, and the importance of robust regulations in each of these fields to enhance safer and better financial systems.
